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Stock Market Today: Russell 2000 Jumps Nearly 2% As Trump Tariff Case Faces Questions At Supreme Court
Yahoo Financeยท 2025-11-05 17:08
Market Overview - U.S. markets opened with small caps in the Russell 2000 leading at +0.41%, while large cap indexes like Nasdaq (+0.10%), Dow (+0.07%), and S&P 500 (+0.01%) showed little change [2] - Gold is approaching $4,000, with a +0.77% increase, while the 10-Year Treasury yield rose by +2.3 basis points to 4.114% [3] Employment Data - The ADP Employment Change report indicated an addition of 42,000 jobs in October, marking the first increase since July, which may have contributed to a turnaround in U.S. equities [3] Political and Economic Developments - Trump's emergency use power tariffs are set to be argued at the Supreme Court, following overturns by two lower courts, with potential implications for U.S. trade policy depending on the court's ruling [4] - The U.S. government shutdown has reached day 36, becoming the longest in history, with limited progress on reopening as Republicans are unlikely to pursue the 'nuclear option' [5]